Advanced biofuels may represent the most economically feasible zero-emission alternative for the shipping industry, says a joint report produced by Lloyd’s Register Group and University Maritime Advisory Services.
The report Zero Emission Vessels – What needs to be done? Was prepared for Sustainable Shipping Initiative members to allow the group to understand technology options that represent viable routes towards zero-emission vessels.
“The fact that biofuels can be used in a way that very closely mirrors current technology, i.e. through internal combustion, means that associated additional costs are kept to a minimum of the fuel price itself,” it explains.
“Under the scenarios projected in this study, these costs are within the realm of acceptability for many in the industry.
“Biofuels, however, may not be the answer to the question of decarbonisation, due to two important, and coupled, considerations – sustainability and availability.”
According to the study, advanced (e.g. non-food derived), sustainability-certified biofuels will be required if production in the quantities needed as a full replacement shipping fuel is not to clash with other more basic societal objectives such as production of food for a growing population or need for biofuels for other energy consumers.
“Whether this results in a finite and partial supply taking a share of overall shipping energy sources, or practical limits on production, this may mean prices rise above the prices used in this paper and to the point where other options (e.g. hydrogen) become more competitive,” it says.
“Further work would be useful to understand the potential pricing dynamics.”
Photo credit: Zero Emission Vessels – What needs to be done?
Published: 23 May, 2018
Toyota Tsusho Petroleum supplied the biodiesel blend (consisting of 7% biofuel and 93% regular fuel) produced by Alpha Biofuels via local shore tanks.
GAC Bunker Fuels will issue a Request for Proposal for a Jones Act-compliant LNG bunker barge to be constructed, owned, and operated by a third party.
Partners in MoU include: A.P. Moller - Maersk, Fleet Management Ltd, Keppel O&M, Maersk Mc-Kinney Center for Zero Carbon Shipping, Sumitomo Corp and Yara Intl.
Held jointly with the Environmental Defense Fund, panelists discussed the lack of a clear regulatory framework on which can base their investment decisions.
The 2010-built 47,377 deadweight tonne MR tanker M/T Pacific Beryl was bunkered with a residual-fuel equivalent Bio-Fuel Oil in Dutch waters last week.
More than 70 delegates heard from stakeholders on the benefits of methanol as a marine fuel at Athens.
‘We are here to transfer the extremely valuable knowledge gained over the past six years to the maritime sector, such that our customers are comfortable in the use of such biofuels,’ states CEO Olivier Baiwir.
Newly appointed Anthony Mollet speaks to Manifold Times about his role, vision, value proposition and plans for the Marine Fuels Alliance to become a wide-reaching and engaging bunkering industry association.
SFP will be retrofitting VPT’s existing bunker vessel with its Full Electric Ready (FER) system and seeks to commission the vessel in the second quarter of 2022, CEO of SFP George Lee tells Manifold Times.
Equatorial Marine Fuel Management Services, Oldendorff Carriers, Lloyd’s Register and organisers took part in a Bunker Quality Claims Webinar moderated by Manifold Times on 10 November.
‘Though it did introduce temporary commercial and operational disruptions, we took a constructive view of the situation and chose to use this event as a learning opportunity,’ shares a Consort Bunkers spokesperson.
Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
30 Nov 2021
